Homex Calls General Extraordinary Shareholders' Meeting
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| Posted
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Wed, 04 Nov 2009 20:36:13 GMT |
| Author
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Desarrolladora Homex, S.A.B. de C.V. |
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Press Release |
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CULIACAN, Mexico, Nov. 4 DesarrHomex-meeting
CULIACAN, Mexico, Nov. 4 /PRNewswire-FirstCall/ -- Desarrolladora Homex,
S.A.B. de C.V. (Homex) (NYSE: HXM, BMV: HOMEX), a leading homebuilder in
Mexico, today called for a General Extraordinary Shareholders' Meeting to be
held on November 19, 2009.
The main purpose of the Shareholders' Meeting is to obtain approval from
its shareholders for a capital increase, in the range of 5% to 6%, of the
Company's current capital. Homex could issue unsubscribed common stock to be
allocated through a follow on offering in Mexico pursuant to article 53 of the
Mexican Securities Law and article 7 of the bylaws of the Company, subject to
authorization by the Mexican Securities and Banking Commission (CNBV).
The transaction and final conditions will be subject to the resolutions
approved in the Company's mentioned Extraordinary Shareholders' Meeting, as
well as the market conditions prevailing at the time.
About Homex
Desarrolladora Homex, S.A.B. de C.V. (NYSE: HXM, BMV: HOMEX) is a leading,
vertically integrated home development company focused on affordable entry-
level and middle-income housing in Mexico. It is one of the most
geographically diverse homebuilders in the country. Homex has a leading
position in the top four markets in Mexico and is the largest home builder in
Mexico, based on revenues, number of homes sold and net income.
For additional corporate information, please visit the Company's web site
at: www.homex.com.mx
INVESTOR RELATIONS CONTACT
investor.relations@homex.com.mx
Vania Fueyo
Investor Relations Officer
+52 - 667-758-5838
vfueyo@homex.com.mx
SOURCE Desarrolladora Homex, S.A.B. de C.V.
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